VASET UTBYGGINGSSELSKAP AS

2960 RØN

Finances

Return on Equity

16,23 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 701 000	15 498 000	16 008 000	19 073 000
Net Income	1 730 000	−1 800 000	−1 078 000	−306 000
Total Assets	25 094 000	17 854 000	24 289 000	27 734 000
Total Equity	10 660 000	8 931 000	10 731 000	13 265 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 701 000	15 498 000	16 008 000	19 073 000
Expenditure	14 623 000	16 976 000	17 229 000	19 187 000
Operating Profit	2 078 000	−1 478 000	−1 221 000	−114 000
Financial Income	19 000	16 000	10 000	16 000
Financial Costs	367 000	337 000	477 000	294 000
Financial Balance	−348 000	−321 000	−467 000	−278 000
Earnings Before Tax	1 730 000	−1 800 000	−1 688 000	−391 000
Tax	0	0	−610 000	−86 000
Net Income	1 730 000	−1 800 000	−1 078 000	−306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 354 000	97 000	97 000	97 000
Total Current Assets	22 740 000	17 757 000	24 192 000	27 637 000
Total Assets	25 094 000	17 854 000	24 289 000	27 734 000
Total Retained Equity	8 800 000	7 071 000	8 871 000	11 405 000
Total Equity	10 660 000	8 931 000	10 731 000	13 265 000
Total Long-Term Debt	0	0	0	10 324 000
Total Current Debt	14 434 000	8 923 000	13 558 000	4 144 000
Total Equity and Debt	25 094 000	17 854 000	24 289 000	27 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 701 000	15 461 000	15 933 000	19 073 000
Other Income	0	37 000	75 000	0
Revenue	16 701 000	15 498 000	16 008 000	19 073 000
Cost of Goods Sold	11 604 000	14 319 000	14 228 000	15 895 000
Salary Costs	2 132 000	1 931 000	2 273 000	2 087 000
Depreciation	0	0	0	18 000
Impairment	0	0	0	0
Expenditure	14 623 000	16 976 000	17 229 000	19 187 000
Operating Profit	2 078 000	−1 478 000	−1 221 000	−114 000
Financial Income	19 000	16 000	10 000	16 000
Financial Costs	367 000	337 000	477 000	294 000
Financial Balance	−348 000	−321 000	−467 000	−278 000
Dividends	0	0	0	0
Net Income	1 730 000	−1 800 000	−1 078 000	−306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 354 000	97 000	97 000	97 000
Total Fixed Assets	2 354 000	97 000	97 000	97 000
Stock	18 544 000	17 427 000	20 125 000	26 318 000
Total Investments	0	0	0	0
Cash, Bank	3 792 000	144 000	462 000	219 000
Total Current Assets	22 740 000	17 757 000	24 192 000	27 637 000
Total Assets	25 094 000	17 854 000	24 289 000	27 734 000
Total Equity	10 660 000	8 931 000	10 731 000	13 265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 324 000
Creditors	3 117 000	328 000	1 443 000	2 620 000
Unpaid Taxes	185 000	116 000	112 000	108 000
Dividends	0	0	0	0
Other Current Debt	1 576 000	1 048 000	1 367 000	1 416 000
Total Current Debt	14 434 000	8 923 000	13 558 000	4 144 000
Total Equity and Debt	25 094 000	17 854 000	24 289 000	27 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,23 %	−20,15 %	−10,05 %	−2,31 %
Debt-to-Equity Ratio	0	0	0	0,78
Operating Profit Margin	12,44 %	−9,54 %	−7,63 %	−0,6 %
Current Ratio	1,58	1,99	1,78	6,67
Quick Ratio	−5,53	−2,09	−3,68	−1,25
Equity Ratio	0,42	0,5	0,44	0,48
Gross Profit Margin	30,52 %	7,61 %	11,12 %	16,66 %